Printer Friendly

Taylah Debenham

In order for any business to succeed, it is important that the owner gain complete understanding with regards to market trends and conditions. The world of economics and finance has many different theories and techniques, which can enable a person to interpret and determine market c conditions. The Elliott Wave Theory is a common technique, used to interpret the price structures and market trends.

When making use of this theoretical frame, there are a few key market features that a person can learn. The most important point is market behavior and actions. This theory provides a comprehensive report of trends within a given market; based on which, a person can anticipate future market states to a favorable extent. This theoretical framework may not allow complete forecasting but, can give a fairly concrete picture of market conditions.

The main focus of this theoretical framework is on the recurrence of pricing and cost segments. This means highlighting and mapping different costs and prices, in a way that demonstrates repetition and consistency. This is a very useful aspect as it allows a person to determine future costs and expenses.

The framework also highlights market cycles and offers two distinctive waves that are known to occur within a given market. The first of these are called impulse waves, which can further be broken down into sub patterns comprising five structures. These structures are set over three distinctive patterns namely the extended waves, the diagonal triangle at wave five and lastly the fifth wave failure.

The second category of waves after impulse waves are known as corrective waves. These can further be broken down into six sub categories of waves. The categories are based on the direction and patterns of waves beginning from zig zag, to flat, irregular, horizontal triangle, double three and triple three patterns. Each pattern provides valuable insight with regards to market cycles and consistency.

When it comes to the interpretation of such patterns, main focus should ideally be placed on erratic behavior. This can be done by comparing the pattern of waves over different time intervals. When working in particularly active markets, it would be wise to calculate waves on a weekly or daily basis to ensure timely interpretation and forecasting.

Elliott Wave DNA Nikola Delic

Erratic behavior can be seen in such patterns where waves break or change direction often. Consistency can be judged through such patterns of waves, which are smooth and recurrent throughout a given category. Intersecting waves can determine the level of instability within a given time period, while some intersections may show complete market crashes as well.

The correct execution of the principles, of this framework provides a person with a set of six pattern waves and three sub group waves. These put together can allow people to effectively interpret the future condition as well as future actions within a given market. The Elliott Wave Theory offers valuable footing for a wide range of industries and businesses. Correct implication and interpretation of patterns within this framework would allow safe and calculated steps within a market industry.

Guest Book

If you would like, you can add your name and a short message to our Guest Book. Thank you.

Sign the Guest Book

Records 1 - 25 of 1,001+

Sharon Whitmore
Tue, Jul 26, 2016
Superb Site, Stick to the useful job. Thanks.
Visit my web page CashLoans, ( %url )

Kandace Barraza
Tue, Jul 26, 2016
Incredible....this is a beneficial webpage.
Here is my blog post ... LawsuitLoans ( %url )

Noe Guerard
Tue, Jul 26, 2016
You're an extremely beneficial internet site; couldn't make it without ya!
Feel free to surf to my web site: delhi escort ( %url )

Tue, Jul 26, 2016
Uma das maiores vantagens de usar Wix ├© que ele d├í toda a liberdade para usu├írio testar a ferramenta, criar site completo, adicionar conte├║do, imagens e at├© publicar web site, sem gastar nenhum centavo e podendo deixar tudo pra l├í, quando bem entender.
My site ... como criar um site para vendas de roupas ( %url )

Tue, Jul 26, 2016
You're a really useful site; couldn't make it without ya!
My homepage: Asian Date ( %url )

Israel Horsley
Tue, Jul 26, 2016
I enjoy the information on your web site. Thanks!
Review my weblog - asiadate ( %url )

Tue, Jul 26, 2016
Quite interesting looking forth to coming back.
Also visit my blog - Franklin Tournament Soccer Rebounder Reviews ( %url )

Tue, Jul 26, 2016
Simply want to stress I'm pleased that i happened on your web page.
My web site ... pick from sellers ( %url )

Tue, Jul 26, 2016
Thanks, this site is extremely beneficial.
Here is my website - asiadate ( %url )

Tue, Jul 26, 2016
Good day, great web-site you possess at this time there.
Look into my web blog; uslugi transportowe ( %url )

Denise Theriot
Tue, Jul 26, 2016
Sustain the spectacular job !! Lovin' it!
Here is my homepage; quest bars cheap ( %url )

Tue, Jul 26, 2016
In addition, the AliExpress app offers great worth with day by day deals, common promotions and 1000's of coupon giveaways.
Here is my webpage :: aliexpress reviews jerseys ( %url )

Constance Hogan
Tue, Jul 26, 2016
Great internet website! It looks extremely professional! Sustain the great work!
My webpage ... asiadate ( %url )

Tue, Jul 26, 2016
I'm still learning from you, as I'm trying to reach my goals. I absolutely enjoy reading all that is posted on your site.Keep the tips coming. I loved it!
Also visit my page: Air Max Pas Cher ( %url )

Monty Vaught
Tue, Jul 26, 2016
thank so much for your web site it helps a whole lot.
my weblog Http://Sagevoice.Org ( %url )

Tue, Jul 26, 2016
Keep up the great work and producing in the group!
My homepage; porn ( %url )

Cooper Penny
Tue, Jul 26, 2016
Wow because this is very excellent work! Congrats and keep it up.
Here is my blog ... detergent powder ( %url )

Tue, Jul 26, 2016
I love the information on your web site. Kudos.
Visit my homepage ... procrastinacion ( %url )

Mon, Jul 25, 2016
Much thanks! This is an superb web page.
Feel free to surf to my webpage :: cleaning products philippines ( %url )

Mon, Jul 25, 2016
The data is really appealing.
My page :: travel the world ( %url )

Mon, Jul 25, 2016
Amazing this is a handy websites.
My website :: samsung galaxy recovery ( %url )

Mon, Jul 25, 2016
Thanks a lot! This is definitely an awesome internet site.
My site dental implants ( %url )

Mon, Jul 25, 2016
I enjoy this site - its so usefull and helpfull.
My page ... delhi escort ( %url )

Mon, Jul 25, 2016
AliExpress ships to greater than 200 international locations and areas, reminiscent of Brazil, France, Poland, Australia, New Zealand, Italy & Germany.
My blog; aliexpress hair vendors 2016 ( %url )

Mon, Jul 25, 2016
say thanks to so a lot for your web site it aids a lot.
my blog; clash royale gemmes gratuit - ( %url ) -

Records 1 - 25 of 1,001+

If you think this page contains objectionable content or if you have questions and need assistance, please contact our Support Desk toll-free at 1-877-824-8531 between 8am - 6pm (CST), Mon-Fri.